Dave Sokol, once considered a strong contender to succeed Warren Buffett at Berkshire Hathaway, has resigned - a development that could brighten succession prospects for India origin Ajit Jain at......

Berkshire Hathaway will snap up specialty chemicals entity Lubrizol in a $9.7 billion deal, one of the biggest buyouts by the Warren Buffett-led conglomerate.Buffett, well known for his choice of......